Friday, 26th April 2024
To guardian.ng
Search

Dollar divorce: Emerging markets seek alternatives to US currency

By France24
05 May 2023   |   11:56 am
For decades, the US dollar has been king on the global stage. But more and more countries are looking to reduce their dependence on the American currency, saying they want to "de-dollarize" their economies. How realistic are their plans, and how would they work? Kate Moody talks to Ruchir Sharma, chairman of Rockefeller International and founder of Breakout Capital.

0 Comments

Your email address will not be published. Required fields are marked *

Related

3 days ago
South Africa is edging closer to a major healthcare overhaul with a bill that aims to provide universal coverage, but concerns are mounting over whether the struggling public system is ready to implement such an ambitious plan, healthcare workers, patients and business groups say.
2 days ago
Infusions, anti-aging creams or anti-stress drops made from cannabis are some of the food supplements that Morocco will begin to market imminently and that are already on display at the International Agriculture Exhibition (SIAM) inaugurated this Monday, after legalization of this plant in 2021 for pharmaceutical and industrial uses.
1 day ago
The European Commission on Wednesday announced it is launching an investigation into Chinese public procurement of medical devices.
2 days ago
The German government revised its economic growth forecast for 2024 marginally from 0.2% to 0.3%, Economy Minister Robert Habeck confirmed on Wednesday afternoon.
1 day ago
Private sector players are urging the Nigerian government to suspend the increase in electricity tariff for band A customers, citing the recent appreciation of the naira, a part of the determining factor for the tariff. Segun Ajayi-Kadir, Director General of the Manufacturers Association of Nigeria, joins CNBC Africa for this and more.
1 day ago
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.